A dangerous Investment (Gambling) Adviser (Daemon) at ASI

Pragee

Pragee

Equity Analytic

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Guys,

Beware of a Investment (Gambling) Adviser (Daemon) at A. S.(deleted).
His name is S*** P***.

Very premature, novice, unprofessional junior person.

He is advising for quick gambling, not for investments...

He has ruined millions of my and my friend's money with his stupid advices...

If he is the adviser of you, GOD BLESS YOU!!!

Better to switch for an other adviser or other broker, in order to protect your hard-earned money...

(Just ask from the people who have experience with him)

Thanks!

Last edited by K.Haputantri on Thu Jun 21, 2012 6:47 am; edited 3 times in total (Reason for editing : censored name of broker)

Rizmi

Rizmi

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Hi Pragee,
Never rely only on brokers / advisors.. in future please do your own studies and evaluations before investing your hard earned money..
This is my view..
Hope you will recover your loss during the bull run..
Best

anubis

anubis

Senior Manager - Equity Analytics

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It's not nice to mention actual names on a apparently anonymous forum like this. If you feel like you were being cheated, you should complain to Asia Securities or sue him... not publicize his name and throw mud at him like this.

Btw, my broker is also Asia Securities, and my adviser also tells me stuff like this from time to time. But ultimately it's upto you, you have to make the buy / sell decisions. So it's not their fault. And generally it's a bad idea to listen to an adviser who says he can double your money.... why would he tell you that? if he can do that, he'll do it himself for his own money...

Cheers!

stockboy

stockboy

Senior Manager - Equity Analytics

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E*** w*** of NWS IS ANOTHER DIRTY BROKER. WHO ALWAYS CHEAT THE INVESTORS. SELLING HIS OWN SHARES TO INVESTORS BE CAREFUL ABOUT HIM

Last edited by npp on Thu Jun 21, 2012 6:44 am; edited 1 time in total (Reason for editing : censored name of broker)

NewInvestor

NewInvestor

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Not nice to mention the names. It's your responsibility and gain or loss end of the day.

stockboy

stockboy

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YES I AGREE WITH YOU NEW INVESTOR HOWEVER DIRTY BROKERS SHOULD BE EXPOSED

K.Haputantri

K.Haputantri

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stockboy wrote: YES I AGREE WITH YOU NEW INVESTOR HOWEVER DIRTY BROKERS SHOULD BE EXPOSED

Yes, but there are decent ways of exposing.

gamaya

gamaya

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Its better to inform others about this kind of people. After all, if they don't play by the rules, why would we?

Pragee

Pragee

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I just exposed this, not due to a personal dispute with him.

But to avoid other innocent investors getting fired by him...

If anyone thinks this is just a Mud, go and invest with him... God Bless you!

If some thinks this is a genuine information, try to find a investor of him and ask whether this is true or not, and Just avoid him...

ASI may be a good broker company. But I only mentioned the particular person's behavior.

There may be other daemons from other broker firms who is cheating investors for their commission...

It is better to share them, rather than covering them for the politeness.

It is true that, we are the ultimate decision maker, although whatever said by the adviser...

But the investors with less experience and knowledge or who don't have time to monitor the market, expects the support of the adviser... That should be the duty and responsibility of the broker...

Otherwise for what investment adviser are there??

Just to take a free commission from us???

smallville

smallville

Associate Director - Equity Analytics

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Pragee, we totally understand your intention. We thank you for bring this to forum member's notice.

However in a public forum, we have to safeguard the ethical factors hence we cannot display the names.

Time to time in the past we've discussed broker frauds in details too..

Its the persons choice as to whether he follows a broker's choices or he does the analysis himself..

Now that we've triggered some alarms, members are advised to be careful with dealing with their brokers..

nzr

nzr

Stock Trader

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If he has really cheated you, it is good to expose that. So others can be in alert.
Frauds must be exposed

K.Haputantri

K.Haputantri

Co-Admin

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nzr wrote:If he has really cheated you, it is good to expose that. So others can be in alert.
Frauds must be exposed

Yes. Frauds need exposure but in a decent manner not vialating forum rules. If you really want to name the person you can write to the compliance officer of the broker company first. If you are not satisfied with the outcome you can make a complaint to the SEC.

Last edited by K.Haputantri on Fri Jun 22, 2012 6:52 am; edited 1 time in total

Leo

Leo

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My broker is he same company. I never listen to them. i got a SMS yesterday from my adviser asking to buy a certain share. I didnt. I am saved. Dont listen to them. Its not the individual who plans this. Its the company playing the game.
Since i dont bother to listen, no issues. Far back i learnt the lesson by making many big losses.

Finally why do we need brokers. why Cant we trade directly? let the broker fee kept by the CSE

Pragee

Pragee

Equity Analytic

Posts : 31
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Join date : 2011-06-02

I agree with Leo.

I doubt whether it is due to a particular commission target given to each adviser from that broker firm...

Seems all the people of there behave same...
This has happened to one of my friend as well. He is not the my daemon.

Another guy. But he has done so for my friend as well....

Unethical earnings....

Fresher

Fresher

Moderator

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Look guys,

Obviously many in the broker firms are not even qualified for the job. Once I used to see how my guy was in giving advices. He was looking for quick trades. First I let him do trades for me and there were few small gains then once the market started sliding down, so did my portfolio. Can't really blame him either. But there were a few 'questionable' trades. Since I gave him the go ahead to trade I didn't complain about it. Later on he was giving advises which seemed stupid. But once he got to know my little qualifications, he was reluctant to give advice Very Happy

Anyways, If by these questionable 'gambling' trades, one gets gains, he would not come and post anywhere or tell his friends. He would only boast about his gains. Once again, the 'adviser' is there to 'advise'. You can always ask him for research reports done by the firm for that stock. You can ask for some reasons he says to buy that stock. If you see it legit, then you can make a decision.

Ultimately, the decision maker should be you and only you.

Roboticfx

Roboticfx

Senior Vice President - Equity Analytics

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Hello ma friend, Do you think they are the only people work in this field without knowing A,B,Cs? It's wrong if your answer is yes. I have personal experience like you and I have got losses several times as of these kind of advisers' faults. (But not as of their advises. I always except those damn things.)

Whitebull

Whitebull

Assistant Vice President - Equity Analytics

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With all due respect to acadamic and qualified people I do think what really matter here is experience and good common sense to utilise that experience.(Of course there is some role by luck also Wink

)

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A dangerous Investment (Gambling) Adviser (Daemon) at ASI

1 A dangerous Investment (Gambling) Adviser (Daemon) at ASI Wed Jun 20, 2012 11:58 pm

Pragee

2 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 1:03 am

Rizmi

3 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 4:04 am

anubis

4 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 4:59 am

stockboy

5 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 6:08 am

NewInvestor

6 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 6:23 am

stockboy

7 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 6:46 am

K.Haputantri

8 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 8:57 am

gamaya

9 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 10:23 am

Pragee

10 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 10:53 am

smallville

11 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 2:24 pm

nzr

12 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 2:35 pm

K.Haputantri

13 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 4:22 pm

Leo

14 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Thu Jun 21, 2012 11:19 pm

Pragee

15 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Fri Jun 22, 2012 6:33 am

Fresher

16 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Fri Jun 22, 2012 7:27 pm

Roboticfx

17 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI Fri Jun 22, 2012 7:41 pm

Whitebull

18 Re: A dangerous Investment (Gambling) Adviser (Daemon) at ASI

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